Acceleration of Vesting and Exercisability. All outstanding stock options and shares of restricted stock (if any) granted to the Executive by the Company (and any successor to the Company) shall have 100% of their vesting and exercisability accelerated upon the later of (i) the date of a Termination Upon Change of Control, or (ii) the effective date of the release executed by the Executive pursuant to Section 5.3 of this Agreement.
Appears in 4 contracts
Samples: Change of Control and Retention Agreement (Diamond Foods Inc), Change of Control and Retention Agreement (Diamond Foods Inc), Change of Control and Retention Agreement (Diamond Foods Inc)
Acceleration of Vesting and Exercisability. All outstanding stock options and shares of restricted stock (if any) granted to the Executive by the Company (and any successor to the Company) shall have 100[____]% of their vesting and exercisability accelerated upon the later of (i) the date of a Termination Upon Change of Control, or (ii) the effective date of the release executed by the Executive pursuant to Section 5.3 of this Agreement.
Appears in 1 contract
Samples: Change of Control and Retention Agreement (Diamond Foods Inc)
